Pre-market: CHM.AX stock down 20% to A$0.002 on ASX: watch catalysts ahead

Pre-market: CHM.AX stock down 20% to A$0.002 on ASX: watch catalysts ahead

CHM.AX stock plunged 20.0% pre-market to A$0.002 on the ASX after heavy selling into low liquidity. We saw 600,000 shares trade versus a 50-day average of 5,804,285, a sign that small orders can move the price. With an upcoming earnings announcement on 26 Feb 2026 and clinical trial readouts pending, traders are re-pricing risk for Chimeric Therapeutics Limited (CHM.AX) in Australia.

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